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Property and Equipment, Net
12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

6. Property and Equipment, Net

Property and equipment, net consisted of the following:

 

 

December 31,

 

(in thousands)

2022

 

 

2021

 

Laboratory equipment

$

1,395

 

 

$

1,395

 

Computer equipment

 

435

 

 

 

435

 

Construction-in-progress

 

104

 

 

 

 

Total property and equipment

 

1,934

 

 

 

1,830

 

Less: accumulated depreciation

 

(1,004

)

 

 

(281

)

Property and equipment, net

$

930

 

 

$

1,549

 

 

Depreciation expense was $0.7 million and $0.2 million for the years ended December 31, 2022 and 2021, respectively.